1448 Stearns Los Angeles, CA 90035
Apartment - Los Angeles, CA
Type:Apartment
Property size:
6,710 SFLot size:
6,451.00 AcresPrice / SF:
$283/SF- Added:
- Jan 12, 2026
- Days on Market:
- 109
- Last Refresh:
- May 1 at 3:06 am
Property Features for 1448 Stearns
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Bedrooms
- 10
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking
- 8
- Parking features
- Covered
- Exterior features
- Community Features Included: Street Lights, Sidewalks, 6-10 Units/Acre
- Standard status
- Active Under Contract
- APN
- 5068012010
- Size
- 6,710 SF
- Lot size
- 6,451.00 Acres
Utilities
- Cooling system
- Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1966
- Floors in Building
- 2
- Number of units
- 8
- Architectural style
- Other
Listing agent Tom Aragone License #02046483 (714) 926-9534
Listing office First Team Real Estate 4 Corporate Plaza No. 100, Newport Beach, CA (949) 759-5747
Listing date Jan 12, 2026
MLS# OC26005903
Listing URL
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Pico-Robertson Multifamily Investment Opportunity
Located in the Pico-Robertson neighborhood of Los Angeles, this well-maintained 8-unit apartment building was built in 1966. The property features approximately 6,710 rentable square feet on a 6,449 square foot lot, zoned LAR1. The unit mix includes one studio (560 SF), four one-bedroom/one-bath units (670–740 SF), and three two-bedroom/two-bath units (900–1,040 SF). Select units have updated interiors, including new flooring in Units 5 and 8. Wall-mounted air conditioner/heater combos were recently replaced and are scheduled for early 2025. Each unit includes one dedicated, underground parking space. Seismic retrofitting has been completed in compliance with Los Angeles’ soft-story ordinance. Electricity and gas are separately metered and tenant-responsible. The owner covers water and building gas for hot water. A former laundry room space in the underground parking area offers the potential to reinstate on-site laundry facilities. The property is currently 100% occupied with mostly long-term tenants and operates under the Los Angeles Rent Stabilization Ordinance (RSO). Only one unit is on a fixed- term lease (through March 2026), with the remaining seven on month-to-month agreements. The property is located moments from Pico Boulevard’s retail corridor and residents enjoy walkability to The Grove (1 mile), Beverly Center, and LACMA, as well as access to the 10 Freeway and public transit. This asset delivers cash flow with pro forma potential and is ideal for exchanges, value-add investors, or owner-users.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.37135
- Latitude
- 34.05079
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Well-maintained 8-unit apartment building in prime Los Angeles location.
Where is this apartment building located?
The property is located at 1448 Stearns Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Value‑add opportunity: Below‑market rents and month‑to‑month leases offer immediate potential for rent increases and income growth through renovations and turnover.; Prime location: Situated in the highly desirable Pico‑Robertson neighborhood, with excellent walkability to Pico Boulevard's retail corridor, The Grove, Beverly Center, and LACMA, plus easy access to the 10 Freeway.; Strong in‑place cash flow: The property is 100% occupied and delivers strong in‑place cash flow with attractive pro forma potential.
